Matador Resources Reports Record Production, Divesting Non Core Assets

Independant energy producer and shale exploration company Matador Resources reported fourth quarter earnings after the close Tuesday. $MTDR reiterated its drilling spend cutbacks and divesting non core assets. The companies main focus is the efficiency of the Wolfcamp and Bone Spring plays in the Delaware Basin.

Shale Producers Earnings Expected To Soar With Oil at Four Year Highs

Big Oil earnings delivered big profits from soaring oil and gas revenues. Energy earnings pick up with a slew of Shale names reporting. This week we have  $EOG $DVN $CXO $PE $PXD $FRAC $NBL $ECA $BP $APC $CLR $MTDR $PDCE $MRO $SRCI $CHK